ARMEN GARO H 4
4 · AGENUS INC · Filed Jun 30, 2025
Insider Transaction Report
Form 4
AGENUS INCAGEN
ARMEN GARO H
DirectorSee Remarks
Transactions
- Award
Common Stock
2025-06-18$4.47/sh+61,397$274,445→ 255,406 total - Award
Common Stock
2025-06-27$4.76/sh+3,436$16,355→ 258,842 total
Holdings
- 28,950(indirect: See Footnote)
Common Stock
- 31,298(indirect: See Footnote)
Common Stock
Footnotes (6)
- [F1]Reflects the executive's 2024 performance bonus award paid in Agenus Stock. The stock issued is fully-vested on the date of issuance but is subject to a 30-day lockup restriction with 100% of the award released on July 18, 2025.
- [F2]$4.47 was the fair market value of Agenus Common Stock on June 18, 2025, the stock issuance date.
- [F3]At his request and with the approval of the Agenus Inc. Compensation Committee, Garo H. Armen's salary is being paid in stock, in lieu of cash. The amount reported herein represents the net amount of Dr. Armen's salary for the pay period ending June 27, 2025. Such shares are issued in accordance with the Amended and Restated Agenus Inc. 2019 Equity Incentive are fully vested on the date of issuance.
- [F4]$4.76 is the closing price of our Common Stock on June 27, 2025, the last trading day for the payroll date for the pay period ending June 27, 2025.
- [F5]Shares are held in Dr. Armen's IRA accounts.
- [F6]Dr. Armen is trustee and has investment authority for the Garo Armen 2020 2 Year AG GRAT holder of 23,950 shares of our Common Stock. Dr. Armen is a general partner in Pixie Partners, a General Partnership ("Pixie"), which as of the date of this report owns 5,000 shares of our Common Stock. Dr. Armen has a pecuniary interest in only a portion of the shares held by Pixie and disclaims beneficial ownership to the extent of his pecuniary interest therein.